Running parallel with the rapid growth in halal banking in recent times has been an equally swift increase in awareness on climate change and its impending consequences. Whilst the goals of ethical financing that is Shari’ah compliant and efforts to shift development and economic growth onto a more environmentally friendly path are compatible, sufficient collaboration is yet to take place. …
Read More »Monthly Archives: March 2009
Subprime Mortgage Crisis and Islamic Finance By MKV Nair – Researcher, Monash University Malaysia
Introduction The subprime mortgage crisis, popularly known as the “mortgage mess” or “mortgage meltdown”, came to the world’s attention when a surge in US home foreclosures (repossessions) started in 2006 and spiralled seemingly out of control in 2007 and 2008. It triggered a national financial crisis that went global within two years. It has caused billions of dollars losses to …
Read More »Muslim Heritage in our World
Muslim Heritage in our World is a lavishly illustrated, hardback edition about a golden age of Islamic Civilisation and scientific achievement. With over 370 pages of colour photographs, manuscripts and illustrations, it is a mine of information to be treasured by all cultures A golden age of civilization, from 600 and 1600 CE, will unfold, because medieval Muslims were trailblazers …
Read More »International Conference in Support of Palestinians
A two day conference in support of Palestinian struggle for freedom under the title “Palestine –the Symbol of Resistance; Gaza the Victim of Crime” was held in Tehran on 4 and 5 of March this year. The conference attended by more than 80 delegates comprising of politicians, intellectuals, human rights activists,journalists and numerous others from all corners of the world …
Read More »Commemorative Stamp for Gate Mudaliyar M.S. Kariapper
Well known yester year’s politician Mahmud Shamudeen Kariapper , popularly known as Gate Mudaliyar M.S. Kariapper, has been a legend who has contributed a great deal in uplifting the conditions of people in the East. Hailing from a leading Muslim family from the Eastern Province he entered politics to serve the people and the country. A leading intellectual from the …
Read More »The death of the Suicide Blast in Akuressa has risen to 13 while 36 others were injured and admitted to the Matara and Karapitiya Hospital.
LTTE suicide bomb attack at mosque in Godapitiya in Matara, at Milad-Un-Nabi ceremony. Bomb suspected to be on a motor cycle near the mosque, The death of the Suicide Blast in Akuressa has risen to 13 while 36 others were injured and admitted to the Matara and Karapitiya Hospital.
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